China Pulls out of Cyprus’ First LNG Import Terminal Under Cash Crunch ...Middle East

OILPRICE - Economy
China Pulls out of Cyprus’ First LNG Import Terminal Under Cash Crunch
China-based CPP-Metron Consortium has pulled out of a contract with the government of Cyprus for the construction of what was to be the island’s first natural gas import terminal, claiming non-payment by the government, the Associated Press reported on Thursday.  According to the consortium, the government has failed to honor its commitments despite promising to do so in a March meeting chaired by President Nikos Christodoulides. “No contractor can be expected to work indefinitely on credit,” the consortium said, as cited…

Hence then, the article about china pulls out of cyprus first lng import terminal under cash crunch was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China Pulls out of Cyprus’ First LNG Import Terminal Under Cash Crunch )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News